CANADA STOCKS-Futures gain after oil prices pare losses
Jan 18 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Monday after oil prices retreated from multi-year lows.
March futures on the S&P TSX index were up 0.31 percent at 7:15 a.m. EST (1215 GMT).
No major economic events are scheduled for the day. .
Canada's main stock index fell more than 2 percent on Friday as a further slide in crude oil prices weighed heavily on energy shares, while jitters about domestic and global economic growth hit banks and industrial and consumer names.
Dow Jones Industrial Average e-mini futures were up 0.31 percent at 7:15 a.m. EST, while S&P 500 e-mini futures were up 0.35 percent and Nasdaq 100 e-mini futures were up 0.37 percent.
Oil and gas producer Suncor Energy Inc said it had reached an agreement to buy Canadian Oil Sands Ltd after raising its all-stock offer, valuing the deal at about C$4.24 billion ($2.93 billion) excluding debt. Continued...